Successful crypto trading requires analyzing price movements in structured stages using technical indicators like Fibonacci levels and moving averages, rather than relying on speculative price predictions; traders should identify key resistance levels (such as the 200-day EMA at $82,100 and Fibonacci levels at $84,950, $94,000, $106,000, $121,500-$126,600, $141,000, $179,000, $199,000, $255,000-$256,000, $291,000, and $360,000) to systematically take profits and manage risk, while recognizing that market anticipation often precedes actual news events.
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Deep Dive
How High Can Bitcoin Really Go This Run?Added:
Yo, Coin Bureau fam, welcome. Today we've got a massive session planned because how far can Bitcoin actually run? The Hopium is up and about. There's a lot of positive news out there at the market at the moment. The AI narrative is pushing everything up. Now, you've just had the mix that there's the potential peace deal on the table between Iran and the US that we could see flourish over the next 48 hours. So that what that means is there could be a deal put in place which again if the markets are pricing it in right now we've got to sort of go through that we've got to understand where that analysis could possibly take Bitcoin but also is everyone just jumping in early right now. Is it the anticipation that's fueling the markets and are we going to get the situation where we buy the rumor and we sell the news? So it's one of the things I'm watching for today at the moment. Just going to adjust my mic fix that up. Sorry guys.
But it's it's big. I got to get into it.
We're going to jump. Everyone's jumping onto the stream now. We just sell Bitcoin nearly get up to $83,000 which is absolutely huge. We haven't seen that price in a very very long time. So that's good to see. But I am watching a critical level that I want to show you guys very very shortly. And then we're going to map out exactly where I think this entire run could take us, what the next resistance points will potentially be, what the breakout targets are going to be, the whole works. I want to deep dive the hell out of Bitcoin today. So, if you haven't done so already, make sure you smash the like button. Make sure you sh sh sh sh sh sh sh sh sh sh sh sh sh sh sh sh sh sh sh sh share the stream because as always, if we hit over a 100red people that are watching at one time, we're going to do a giveaway.
That's what I love to do. And at the same time, guys, we got a lot of love on the last stream and we bulked up the subscriber base again and we are starting to get some really good traction on this call. So, thank you very much for every single one of you that are in the trenches with us building the channel and helping us support it. So, let's get into the analysis side of things. Just move my screen over here. So, first things first, I want to go through some of the targets on Bitcoin. Now, I'm going to be using this chart here because as you guys know, I have been following this every single day. So, the way I sort of position this is we have been essentially following this bare flag on Bitcoin for quite some time now. The reality is this Bitcoin has started to break out of that bare flag. But the question is, does that mean that all of a sudden Bitcoin is going to rally to, you know, 98 to $100,000? There's a couple of things we've got to take into consideration and I want to make sure that we're covering all of this first because the one thing that's happening right now, you scroll through X, you'll see it is there's hope everywhere.
Bitcoin, Bitcoin, Bitcoin. So, the market is starting to get excited again, right? Which is fantastic. I love it.
It's what I want to see. I want Bitcoin to get to bloody $500,000, right? I want everyone's bags to be pumped and everyone to be happy days. So, but the reality is it's got to go in stages and that is the big piece of the missing puzzle because a lot of people like, you know what, now we're just going to go straight up. Well, not to burst anyone's bubble and you guys know I spoke about it on Monday. If you guys want my call on Monday, I am still watching for a retest around that 75K zone as well. I still don't think that's off the cards, but I do want to see how far we could probably push this and where we think Bitcoin is going to go from an from again a an all-time high perspective, but also in this current run, which is the biggest piece of the puzzle right now that everyone's watching. So, what we're looking at right now, and I'll zoom in here, and it was funny cuz someone someone gave me a comment on Monday because I've set up my whole studio now. Everything's looking great, but he's like, "You look like a little hobbit mat in the bottom left corner."
So, I made myself a little bit bigger.
If it's too big, let me know. I think I think I found a nice sweet spot.
But the big piece I'm watching right now, and this is what I think a lot of people should be watching for today in particular, is you can see here, I'm just going to grab my tool, but there's a 200 day EMA. This big green one that is floating at the moment. So price at the moment is really at that point where it needs to hold and break above on the daily time frame. So for all measures tonight, that is what I'm watching. So, if anyone is on here and go, Matt, what the hell are you watching for today? It is really to see if price can close above the 200 day EMA, which sits at about 82,100.
So, if you want to set that alert on your charts, do that now. Set it at $82,100.
It'll just give you guys a bit of an understanding that if price does close below that level, then there's possibility that we are going to come back and, you know, start to retest that $80,000 mark once again. Now before we keep going, we always have to say it firstly again we have everything I share on here is for my for you guys your experience. I'm sharing my experience.
It's all educational in nature and no I'm not giving you financial advice. So you're taking your own risk when you are placing your trades and acting on anything as well. So just wanted to make that part very very clear. But one of the big pieces that are fueling this current run right now is not only the fact of Bitcoin getting the potential breakout. It's what we spoke about briefly earlier. It is the fact that there is also a peace deal on the table at the moment that is being discussed between the US and Iran. So, if you guys haven't done that, I'm not going to go through the deep dive of all of that right now. But, if you look at things like this and just click look at the US 500 because we're going to talk about that later anyway.
But looking at this, you can see looks like they've just just was just just moved. I had it right up two seconds ago. I love it when they do that. Um, I had I had the article up there literally two seconds ago, guys. One second. One second here. Nope. It's all right. We'll find it here. I'll show you guys quickly. Iran and US peace talks.
So, you can see here there is a bit of a truce optimism today. Trump talks.
There's the there the progress of what they're putting together. There's basically a one-page, we'll say, we'll say high level onepage deal of the way they think things could go forward. So, it's a matter whether or not the US and Iran do actually close on that deal.
That is the big outlier at the moment.
And they it's estimating between 24 to 48 hours until that actually is confirmed. So, keep an eye on that right now. It's funny because now you see Iran war live. Trump threatens much higher level attacks if no deal. Right. So again, this deal is really the big catalyst that everyone is going to be watching for. It's something that I'm personally watching. And as soon as that announcement came out, we saw a dump on the oil market. So you guys know we're tracking this move that happened. But what we just saw literally within, you know, the last few hours was a massive dump on the oil market. So you can see we just had a 13% tank on the oil markets over the last you know we'll say this two 4hour candles we'll say over the last 8 hours it was roughly around 6 hours. So to see that then you've seen Bitcoin push the US futures market started to rise as well. It's all a catalyst that's starting to come into effect. Not only do you have the US 500 moving up, you've got the oil markets pricing that potential peace deal will come into play. And now you're seeing that flow onto risk assets. But this is the part then the kicker that a lot of people are not watching in this grand scheme of things. And it's the part that I'm sort of focused on right now is we've had this anticipation of this news coming out and markets love to price in anticipation.
So that's where we've got to at this current point. becoming starting to poke its head out above the bare flag. Now, I want to show you guys this other chart that I've got as well, which is the other one that I've been focused on and sharing with you all along the way. And I wanted to bring this up because this is where it gets rather interesting.
This is where I said the charts typically tell the story and then the news comes along and kicks it right off the edge, right? And one of the big things that's made me a successful trader, it's not re reacting to headlines. It's predicting what could possibly be happening. And I do still believe I will stick by my word until I'm Look, you guys can say I'm officially wrong now. I don't personally think so, but I still do think we're coming back and we're going to start to retest this 7574K zone. But as it stands, things are moving quite well. So, where do I think this is realistically going to reject from? I realistically think right now price is either going to reject from the 618 Fibonacci level which is around the $83,500 mark or it's going to get stuck at this 200 day EMA. Full transparency, I've taken about seven trades this month.
They they've all been in profit. At the moment, I'm currently in a short position with the opportunity to DCA that entry even further if need be. So, my first entry on my short position was at 82,69, I think it was from memory. If price gets to around 83,500, I will whack another entry into that as well for another short position and to bring my position up. Okay, I'm very much of a trader. You guys know I don't really give a like care what the price of Bitcoin is. Um, as long as there's opportunities, ways to flip positions, that's what I'm targeted towards. So again, at the moment, I see more of a potential of a rejection what these the upwards trajectory of where I think Bitcoin is going, but we're going to digest that in a moment as well in terms of how far can we really push Bitcoin, how high could it actually go. Now, I wanted to break this part here down for you all, right? And as you guys know, if you've been on my streams for the last couple of weeks, I put together a PDF guide for you all. You can click the link in the description. It talks to you guys about the CCI and what I particularly look out for. and it talks about my trading strategy. Again, it's not the keys to the kingdom. It's not financial advice. It's just the mechanisms that I focus on that have helped me in this space. Now, one of the big pieces of the puzzle I want to give to you all right now, I just saw I just saw in the comments someone wrote the taco Trump day. I love it. It's funny because when price does head towards these levels, we see we see Trump start to back out of a couple of things, start to throw some words into the mix as well. Um, so yeah, we'll see if that taco truck actually the taco trade actually plays out again. It'll be funny if it does, guys. Man, that thing there has been absolutely wild. Every time every time before we get into this a bit of fun, but every time oil tanks, we see Trump do something drastic and it pumps oil prices back up again. So, we'll see if it happens again tonight. I mean, look, what I'm seeing on Bitcoin at the moment, there might be there might be some truth in that merit. I mean, it has been happening. So, what I wanted to get back on track with right is every single time over the last I would say few months and I marked this out earlier for you all. Notice these yellow circles I've put down the bottom here. All right. What we have here is the CCI in the overextended and over purchased area. All right. And around the point of say plus 225. You can see that on the right hand side of the CCI.
Now what that means is prices get into the extreme overpurchased area.
Like anything there is only so many buyers within the market in terms of then they need to reset, refuel the rocket and push the next leg up. Right now that is what I'm anticipating is going to be happening very very soon because we are starting to get to that overextended purchase area of the plus 200 on the CCI. And if you go back and look over this in this situation where we are now, I'll mark these out for you all, right? This is where we are currently. This is where we were last time.
Then Bitcoin tanked and Bitcoin dropped about 10%.
Now, I'm not going to measure every single one because we'll be here every single all day, but I'm going to mark them all out for you guys so you can see it. Last time we had that, Bitcoin absolutely fell off a cliff. But that was also on the back of bearish divergence as well. So that's like a double whammer essentially. You go back, you look at this again and we can mark this out for you all. So you guys can have you can see this as well. We'll put another one here. You can see what's happened here. Bitcoin then fell off a cliff again. We can put another one here. Bitcoin slightly rose a little bit more before tanking again. And then if you look at it again here, Bitcoin started to consolidate before falling off once again. And you can go back and have a look at this over the course of history. Every time, not every time, it's never guaranteed it's going to happen every single time, right? In this case, consolidated, jumped up, and then pushed, but go back and have a look.
When prices start to get towards those overpurchase zones, there is more in terms of in my opinion the possibility of price falling towards the downside as opposed to running continuously up because you're essentially going against not going against the momentum flow because that would be the wrong way to sort of position this, but the fact that they need to find more buyers somewhere.
You need to get a lot more buying pressure to continue to move the market.
If everyone is leveraging in long positions, well then where you going to find the rest of their cash to keep leveraging long positions, right? You need to refuel the market. The market moves in waves, ups and downs. Now, there needs to be buyers and sellers for the markets to move up and down. All right, that's the nature of the beast.
But if everyone is just buying, buying, buying, doesn't typically work like that. So, I am interested to see where today falls apart. well not falls apart but where today lands and like I said at the moment I'm starting to stagger in short positions around this zone because again the CME gap was sitting between 83,000 80 and 81ish and we started we basically closed that CME gap now we're in the over purchase zone we're at the 200 day EMA for me personally I don't see this as a time to go far out it's time to stagger in more longs I think there's a bit more risk to staggering in long positions at this current point Now, I wanted to sort of rip away all the noise and I wanted to show you guys some opportunity in which I think Bitcoin could potentially be moving towards and where we could see potential price action in the future. Now, I'm going to look at this on the larger time frame place because I want to sort of bring this to everyone's attention. This is where it starts to get rather interesting. This is where I'm going to show you guys how I use Fibonacci levels to start to predict a lot of these resistance points. Like I literally did predict this entire move and the resistance in which I had at Bitcoin for the all-time high was 12627,000 from memory. I don't want to say I got it right on because you know that would be a lie. Uh I was very very close. I think I was about 500 to a,000 bucks off. If there's anyone in my Empire community that is on this stream right now, you guys can vouch for that on how much I was focused on that area. We got there and then Bitcoin crashed all the way down. So, on that note, I want to show you guys a couple of things here.
I'm going to leave my order zones there because I think they're fundamentally important to this entire situation. But look at this trendbased fibs from the bottom to the top. Right? This predicts the trended base move. Now, you can see here that was my 127 move and I got that right within the order zone, which was fantastic. When I talk about all-time high positions on Bitcoin, I use this to predict it. All right? You will see people that throw out these wild numbers and [clears throat] I always ask them, "How did you actually get that number?" Like, "Where did you pluck that number from?" Oh, you know, it's just a nice round number or you know, I heard of someone else that said it should be this. It's like have some merit in your analysis, right? So, let's think about this for a second. I can go ahead and I can add in a horizontal line on each one of these levels. And just for clarity, you guys can see it that it's not [ __ ] All right. straight out the gate, it's it's not [ __ ] My my biggest thing in crypto and you say see it in my descriptions or my my profile is no [ __ ] guide to crypto.
So, if you look at this, I would simply be taking each one of these levels and I'm showing you guys how I use this to predict what the next possible breakout targets could be. And that's why sort of in my thumbnail, I've got like the staggered move like where where could we really push this, right? So, I've got extended moves on here on my trendbased Fibonacci. And the reason I do is I have whacked some crazy trades using this and I have put in positions.
I mean, I did a a thousand something% trade on DOT at one stage and I had to keep adding in the next level of Fibonacci um areas. But look at this. I want you guys to have a look at this now for you guys that are long-term maxi Bitcoin holders and the whole works, right?
This isn't your gospel. I got to say it.
I can't tell you this is your gospel.
But if I was someone that was measuring Bitcoin targets and going, "How far can Bitcoin actually go in the grand scheme of the world?" Not right now, in the grand scheme of things. These are the price targets I would be going for. So, let's be really clear. We can start at the base here. The next big target I'd be focused on for Bitcoin is $84,95 to be exact. All right, you can round it off to $85,000 if you really want to, but the big focus point I'd be looking at is this 50 EMA that you can see is still trending down. All right, that is this blue line that you can see here.
That there is the kicker of what we want Bitcoin to jump above to really really fuel the momentum of getting the bulls continuously pushing price. So that's what I'd be watching for first that zone there. Get back above the 618 Fibonacci level. You can see 84,383.
We get above that and then my next target would be 94,000.
Okay, we're going to look at this as stages. This is the important part. Look at the market in stages. Don't look at the market as a hopeium. Oh my god, Bitcoin's going 200 grand. Look at it in stages. That way, A, you're not disappointing yourself. B, you're hedging your positions when you need to, and B, and C, you're also protecting your asset value. Last thing you want to see is Bitcoin gets to this point here, gets rejected, and does something like this, right?
>> [clears throat] >> That's why it's important making sure you're locking in profits as you're moving along with the market so you're not there again a holding bags for another 3 years and so forth where you're trading the old coins and you're holding bags and you're stuck in positions for for years on end again and again and again. It's the last thing we want for anyone. We want people to have good and pleasant experience in trading in financial markets and in crypto. So in my case take each one as it comes.
But going back 94,000 be the next big one. After that, 106,000 is the next big target. From there, this one here is the big daddy of them all. All right, if you haven't done so already, whack this in your alerts. Okay, map out this area between 126,600 and 121,500.
All right. Oh, we've hit 101 people.
Let's go, guys. All right. Whack it in the comments. Do you want to do 250 USDT giveaways or one 100 USDT giveaway? If you haven't done so already, make sure you've whacked your comment in because that is where I pull out the the potential winners. Right. What I do is after the stream and then once the stream has all loaded in within YouTube, I'll extract everyone out of the comment section, whoever has placed the comment, their username, and then on Monday's live stream, we will do the spinning wheel and choose the winner. So, if you haven't done so already, make sure you whack a comment in. so that you're eligible. Now, getting back on topic, this area here again is the biggest kicker between 122 thou, like I said, 121ish and $126,000.
After that, I'd be very much focused on $141,000 Bitcoin. Okay? [clears throat] Not 150, not 151, not 148. $141,000 Bitcoin would be my next best target.
Then from there, the next best target for me, I'd be looking at 179,000.
All right, you guys map these in. I'm telling you now, map them in. Have an idea of how and when price rejects or gets towards these levels, how things react. All right? And then after that, the next big one, people be focused on 200K. I'll be focused on around 199. And then the big big ones after that, you've got 255, 256, and 291. Now, remembering team, we can keep going up. The last one I've got on here is $360,000 Bitcoin. But the message I wanted to give here is these price targets. I use them based upon trendbased Fibonacci because once you get the market up and running, these do start to become the next level of major resistance points. Again, it's never a guarantee. You can't guarantee any of this, right? What the purpose of this is is to give you guys or give me personally because I use it the best trading opportunity possible. If I'm in a long position, where do I want to take profit? It's the next level of resistance, not hopes and dreams of Bitcoin going to $500,000. I want to know structurally, analytically, where do I take my position next? This is what this analysis allows me to do. All right, so that is my big focus. And I the way I sort of manage this, just so you guys are aware as well, it's nice to have these, but it's like, Matt, how do you actually use this? Right? That's the big kicker. How do I use this that's going to make it beneficial for me?
Right? How can I how can I look at this information and go, okay, I can find this rather helpful.
Let's break this down, right? Let's break it down again. If I'm looking at this and I'm a trader, I'm going I expected this level here to be a point of resistance. So, if I'm in any current positions and I'm in longs and I'm in longs on altcoins and this and that, well, this area here once price gets there, I'll be saying to myself, do I start to take some profit?
Because the reality is I can take profit at here, then if price breaks back above, I can always just reload that profit or reload another position as a successful retest and breakout. But if price gets towards this point here and then rejects and I rode the market up, let's say from here and never took any profit, well, I'm just stuck at my back back at my break even point. Like what the hell was the point of being in a position for two 3 weeks and I took no profit off the table and price went straight back down. This is where it comes into the difference between I'm a trader and I want to base my analysis off where I think the market is moving and when I should take profit and then also re-entering positions. And I also always tell people just because you sell doesn't mean you can't re-enter a position, right? Doesn't mean that's it, you're out of it and you can't jump back in. But it's about how do I protect my capital in a market that is volatile, right? That's the big thing I focus on.
It's what has allowed me to sort of grow my account, like I said, over a strong period of time. So looking at this now, what I'd be doing, I'd be going, okay, well, if price can get back above here, I'll wait for the retest, can reload a position, and then take it towards the next level, which would be 94,000.
Again, at this point, perhaps I'll be looking at taking profit because there's a big fat order zone sitting there, which will act as a strong level of resistance. But if price gets above that point, above the other side of the order zone, that middle dotted line there, retests, it will then push towards 105 more than likely. Okay, that would be my next trading opportunity. And if you look at this over a period of time and you continue to do and continue to look at things like that, it starts to present opportunities because again, trading based upon risk-to-reward ratios is the big kicker for me. How do I sort of hedge myself so I can take advantage of these particular moves? So, that's what I'll be watching for. And again, that would just mimic the entire Fibonacci situation. That's the way I trade. That doesn't mean it's going to be textbook perfect for you guys because your your we say your mindset might be different. You might not have the ability and understanding of how to trade yet. So, those things all do need to come into play. But I think it's really important to again understand the way this mechanic operates because I have seen so many people in this space literally just never take profit or they buy up here and then they sell here and the market reverses, right? And that's [ __ ] Like to be fair, that is completely [ __ ] I want to see people lock in profits, move along the way, understand the markets, and actually just have some basis to what's what what they're actually doing. So again, taking this consideration, each fib level is a support and resistance in which I'd be looking for. And from a price target perspective, you guys can see this now.
I can't make it any more clearer. I've done my absolute best. It's not a shill.
It's not a overhyped narrative of $500,000 Bitcoin. It's a structured position and a structured play in which I think Bitcoin can potentially move towards over, you know, this might take five, 10, three, four, I don't know, 20 years. We don't know. That's reality.
People can come up to you and go, you know, it's going to do this in two years time. Oh, [ __ ] You don't know what the hell is going to happen in the next two years. You don't know what's going to happen next week when Trump opens his mouth and maybe declares war on someone else, right? You don't know. We don't know what is going to happen with the with the with the yen and the Japanese the Japanese market at the moment. Like that's all in a shambles. We've got $40 trillion debt in the US. We've got interest rates rising in other parts of the world. Like people don't know what is going to happen in two to three years time. So to spruce out these wild numbers is in my opinion a bit crazy and a bit irresponsible.
But what I'm going to do is I'm going to download this chart. I'm going to whack it in Empire. If you guys haven't jumped in, this is my own personal community, right? But there is a link in the description which you can join for free via coin bureau as well. So jump in there. I post in here all day every day and so does my team. You guys will get a bundle of information in there at the moment. You actually do have um get 50 bucks from buy bit at the moment. But there is a whole bunch of different links in the description as well for a whole bunch of bonus offers. Now the other part I wanted to just touch on is there's two altcoins that went absolutely bananas over the last 24 hours. and I want to show you guys because I put a post up about them as well. So, one is STX and I posted this last night. I don't know if you guys have seen STX. You guys know I've been talking about this basically every week on my streams talking about the fact that this thing has been consolidating and was ready to throw a fat leg. Last night, it threw a 70% leg out of nowhere.
So, did anyone catch this? I just want to hear. Did anyone on the stream, anyone that is watching right now, catch that leg and actually lock in some profits on STX? Cuz that thing just out of the blue. And I made a post and I said, "Please don't FOMO into STX." Now, again, I can't control what you do with your funds, but I'd be very, very cautious of jumping into STX right now.
Anyway, I said my biggest focus for STX was realistically waiting to see if price would hold above the order zone at around 26 cents and then that would give the opportunity for the next move. By the time I had then been finished writing my next post, this thing crashed back down and got trapped below the order zone again. So, just be mindful of this guys. As Bitcoin does rise to these levels, you will see these random altcoins pump in these situations. I've been in this market for 9 years.
I can't say this enough. Don't chase a big green candle. All right? Because if you ch if you chased a big green candle in this situation, you would have basically just lost 40% of your investment by the time you purchased in FOMO in it would have basically crashed back down and you would have been wiped out hating it again. So in this note, I want to just cover the fact with XTX at the moment, you can see it is consolidating. And it's still below the trend line once again. But what I'd love to see is a clear breakout retest of this zone here, which then gives us the opportunity if you weren't able to catch it from the bottom. Again, it creates an opportunity of about 42%. So, I am watching this again right now. Um, I haven't got any alerts set on this one just yet. I might set one just at 26 mark here. But again, big pump, crazy. But again, just don't FOMO, please. I don't want to see someone on this stream next minute I got absolutely destroyed chasing a 70% green candle.
So that's that's there that's this one here is is an outlier that I am watching. You can see price has been consolidating. It's off a big fat order zone off the bottom here on the weekly time frame. The 4hour doesn't look great at the moment, but the daily is still consolidating and I think overall even if uh I'm going to set an alert here at 2367 because that's the break of structure point there. So, nice little retest there. Might be might be a bit more of a better deeper entry. Something like that.
I'll watch for that. Let's Let's just put on a little note there. There we go.
And write it in here. Watch for price to retest. And the other one, and I've got one at the end for you guys as well. I want to show you this one at the end.
It's been absolutely wild. This one's a bit crazy. Um, the next big one is ZC.
So, we've been following this every single week. You guys know I had this pinged at 300 bucks. It did a 28% move.
I then said to you guys on Monday, I said, "I'm waiting for the retest to come back to about $386." If you're here on Monday, you heard me say this, right?
It didn't actually get to the 386 mark.
So, my alert didn't even actually get a chance to go off. But this thing here, have a look at this, guys.
Have a look at this.
It's pumped 40% in the last two days.
Absolutely wild. But the reason I wanted to bring it to your attention is another thing here, right? I was looking at it and I go, we had the big big inverted head and shoulders just break out like crazy. We've also got double bottom that's taken effect here on the weekly time frame as well, right? You guys can see that there. You can see it there on the daily time frame as well.
But again, I just this is more of a safety call, right? If I was looking at SZC now after all the has popped up on X and 50% candles are kicked in yada yada yada. I'm not going to be buying this now. Right? If you missed the move which we were talking about say at around 300 bucks, that would have been nearly a 100% move. Right? But see where price is sitting right now is this big fat order zone, right? 2.9 million transactions of ZC have taken place there. And you can see here it's been a bigger representation of selling pressure than what it has buying pressure depicted by these these bars here. Again guys, this is a paid indicator. You can't go ahead and just get this, right? It is it is not cheap. Let's put it that way.
But the data that it produces for me personally and to do these streams, I find it quite useful. And in this situation, ZC is smashing right up against a resistance point right now that I'm personally not even interested in. I'm not trading this token. This thing is dead to me now. I'm not interested. I'm not going to jump in because the potential upside is a lot riskier compared to where it was when we were first looking at this at $300. So, just be mindful of that.
Now, one of the last ones I want to put on everyone's radar, and this is again more of a safety note, is Lab. Now, this token here, we found out about it very, very, very, very early on within our within our community. I would say we found this out, and I'm not even lying about this. If anyone is on my call right now that is from my Empire community, you guys would know we we we had alerts at this at like 50 cents, 25 cents, etc., etc. So, this thing now has been up about 3 $360, but the volatility in this token is stupid, right? Stupid. Absolute chaos.
So, just be mindful if you're chasing things like this. It is not a situation where that's I'm going to dump the bag and this is my my my ticket to freedom.
Um if you do make some miracle play like that, good luck to you. But more one because I do see a lot of things popping up about lab at the moment. Just be mindful this thing is highly volatile.
Don't go we'll say it. Don't go balls deep like crazy trying to pump this thing and and make ridiculous amounts of money cuz I also have seen people get liquidated like crazy on this token. So just be mindful of that. I just want to do a bit of a bit of announcement, a bit of a you know FYI, be careful if you are trading things like that. But my my main purpose for today, guys, is really I wanted to give you guys some outlook on where I see Bitcoin heading. Like we've spoken about, I've got all these fib levels plugged in. I still do think that we come back and we do retest $74,000, whether that's today, whether that's tomorrow. I was honestly in my thought process thinking it would happen more so this week. But if it doesn't happen this week, I still do think it's going to happen at some stage. My biggest focus that I want to bring to you guys for next week is the fact of I want to show you guys all the altcoins that I'm looking at. Right? If this market continues, I want to start to position myself in a lot of the altcoins. So that'll be my focus for Monday. So if you are going to be around, jump on on Monday. I'm going to drop go through all the altcoins that I am focused on um again to starting to position myself and if this is still pumping and this actually takes out the 85k level and above the 86k level then happy days.
It's going to open up Bitcoin to another larger move fingers crossed towards that $95,000 mark. So, thank you everyone for jumping on today. Like I said, if you haven't done so already, make sure you whack a comment in because what I will be doing is giving you guys a giveaway as well on Monday, considering we hit over 100 co-current members. It's funny, I have some I have this I have like a couple of people that say that I just talk too much and don't give them the alpha. I wanted to address it for a second because the reality is I can give you guys a chart and you can see exactly what I'm punching out, right? I can give you a chart and post it on my platform, post it on X, all that sort of stuff.
Reality is, unless you understand the mechanics of it and the way price actually moves, it's pointless. You guys could see thousands of charts a day. A, if you don't have the mindset or the understanding on how to deliver on the analysis, it's pointless. B, if you don't understand the price activity and how it can take effect with the macro influence, it's pointless. So again guys, my streams, they're not designed to give you everything within two minutes because the reality is markets and technical analysis and trading is more complicated than that. And that's why you see so many people get destroyed in these markets because they think it is easy. It is not easy. It requires discipline. It requires analysis. So just wanted to touch base on that one.
But thank you to every single person that jumps on these streams. I hope you guys are getting a lot of value out of these. And if you are, let us know in the comments. And I'll catch you on Monday. A for a giveaway, but B for a big altcoin analysis [clears throat] time. See you later.
>> [clears throat]
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